Solving For X - Deepstash

How to make rational decisions

The role of biases in decision-making

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# Solving For X

Problems might be different, but the way you process them should not.

You need to give structure to your decision-making.

The ability to solve problems well is the ability to take a complex issue you’re facing and break it down into a step-by-step formula that helps you identify the root of the problem.

Three parts to Solve for X:

• Investigate. Find out the real causes of the issue, the impact of the problem, and how urgent it is
• Solve. List out possible solutions and their consequences
• Implement. Who will be responsible for the project and how it will change future situations

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### Master Strategy To Scale: Make People Accountable For Growth

• Don’t be afraid to call them out when they don’t keep their word.
• Make specific quantitative statements, not blanket qualitative ones. Give them specific challenges to meet that can be measured and have deadlines.
• ...

763

You can break down Drive into four categories:

• Individuality. Having the lifestyle you desire and the security to do so

859

### Decide Using Investment Time Return (ITR)

• Find at least 3 alternative solutions to a given problem. The more choices you have, the better are your decisions
• Determine the money investment of each solution
• Determine the time investment of each solution. Is it a 3-month project or a 6-month project?
• Calculate t...

778

Seven-step system to compress time frames and increase speed:

• Choose a process. One of the best ways to identify a potential business is to find a flawed process that you can improve upon
• List the steps of the process
• Remove a s...

773

### Investment Time Return (ITR)

Instead of reacting emotionally to problems, use the Investment Time Return (ITR) formula to reach an objective conclusion.

Investment Time Return formula:

• Investment. How much will it cost or save
• Time. How much time will it take or save...

789

Don’t complain that the game is rigged. Instead, find a game in which you have a differential advantage.

800

### Learn Each Individual’s Love Language

Ways you give and receive love into 5 categories:

• Quality Time. One-on-one time of undivided attention
• Words of Affirmation. Appreciate the effort verbally
• Acts of Service. Be at their disposal when they need...

772

### Eight traits to become a great processor

• Ask lots of questions. Having more data leads to making better assumptions
• Don’t care about being right or wrong. Be only interested only in the truth.
• Don’t make excuses. Wasting time and effort on why things went wrong is not productive
• Embrace challenges
• Be...

831

### Know What You Want

You need to identify what matters the most to you to put a strategy together that fits your level of commitment and vision.

• Making a plan and committing to it will unleash all the energy and discipline you’ll ever need.
• If you’re looking to disrupt an industry, you’...

844

### Six Ways for Replacement and Skill Transfer

Identify who’s seasonal and who’s not. Identify who is there to fill a six-year role and who a six-month role

Know the diffe...

767

The less your business depends on you, the more valuable it is.

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### Master Power Plays: Beat Goliaths

• Know your weaknesses. Knowing your weaknesses will enable you to pivot when taking on your Goliath
• Know Goliath’s weaknesses.
• Master three things you do better.
• Don’t try to be Goliath.  Don’t copy
• Specialize. Goliaths tend to generalize in order to spread the...

770

### Running Out Of Your Drive

People often feel lost after a big deadline because their driver is suddenly gone.

To solve this, you need to dive deeper into your Purpose.

• How do you want to be remembered?
• How do you want to make an impact on other ...

843

### Replacing Yourself: The Game Plan

As your company grows, you will constantly replace yourself with others.

Alongside the growth, you also need to create a contingency plan to replace any important position.

If you have a plan in place for how to replace every key member of your team, you can handle an unexpected exit ...

756

Rather than competing in games where you’re an underdog, find unexplored new markets in which you can win.

Examine both your unique skill set and the competitive landscape to find your “Blue Ocean”.

Process the competitive landscape by asking:

• Is this a pla...

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### Closing Thoughts

A simple rule of business is that in order to get, you have to give. Most amateurs are experts at making demands. What they fail to do is offer value first. When you put yourself into the other party’s shoes and lead with how they will win and make money, it will be natural for them to give y...

768

### Master Building The Right Team: Fundamentals

Working effectively with others will mean the difference between enjoying the process and desperately seeking a day job while hiding under your desk.

Instead of being selfish and looking to see what you could take from others, focus on what you could give them.

You need to define:

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### Master The Ability To Reason: The Power Of Processing Issues

Before you act on a problem, you must first “process” what’s happening. The key to success at all levels of business is to know how to process issues:

Optimal processing is:

• The ability to make effective decisions based on access to information at hand with the highest odds in yo...

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Psychotherapist for dance movement

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## More like this

### Characteristics of the “build” workplace strength

• Implement standard processes: The ability to get work done effectively, efficiently, and consistently, using a repeatable series of actions.
• Implement step-by-step procedures: The ability to get work done using an established set of instructions o...

### Meditation for problem solving

Meditating can provide a healthy escape, as long as it is focussed on enabling your ability to solve problems, not your ability to ignore them.

Mindfulness is good for learning the skill of putting on the brakes for a thought loop and noticing the thought loops you get into a lot - v...

### Solving The Right Problem

In our course on discoveries at our UX Conference, we talk about the importance of solving the right problem. Discovery research commonly results in learning about the problem space. This knowledge should be used to generate solutions that solve real user problems.

Ideally, the team should...

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